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Without Subsidies, Three Mile Island Could Go Dark, Operator Asserts

posted by martyb on Sunday June 04 2017, @10:55AM   Printer-friendly
from the needs-more-wealthfar dept.

-- OriginalOwner_ writes:

New Jersey Spotlight reports

Three Mile Island may be the next nuclear power plant to be shuttered by its owner unless it gets financial help to keep the facility afloat.

Exelon Corp., the owner of the Pennsylvania generating station, announced yesterday it will retire the plant by or about September 30, 2019 absent any change in that state's policies dealing with nuclear power.

The announcement is the latest by an owner of a nuclear plant to threaten or close its facility unless given financial assistance to make the facility profitable, a drama that could play out soon in New Jersey with its three nuclear units operated by the Public Service Enterprise Group in South Jersey.

If Exelon follows through on its threat, it would mean the Oyster Creek plant in Lacey Township, also owned by the Chicago energy giant, could outlast TMI, the site of the nation's biggest nuclear accident when it had a partial meltdown in 1979.

Oyster Creek, the country's oldest commercial nuclear plant, agreed to shut down at the end of 2019 under a settlement worked out with the Christie administration in 2010.

[...] Environmentalists oppose extending the incentives renewable sources obtain to nuclear, because unlike solar, wind, and water, the former is not sustainable. “It’s not renewable; you have to keep buying the fuel,’’ said Jeff Tittel, director of the New Jersey Sierra Club.

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  • (Score: 0) by Anonymous Coward on Sunday June 04 2017, @05:27PM (2 children)

    by Anonymous Coward on Sunday June 04 2017, @05:27PM (#520279)

    The good news is eventually less chance of another Fukushima
    Is 3 mile island in a known tsunami zone?

  • (Score: 0) by Anonymous Coward on Sunday June 04 2017, @11:56PM

    by Anonymous Coward on Sunday June 04 2017, @11:56PM (#520454)

    > Is 3 mile island in a known tsunami zone?

    Yes, tropical storms driven by all the hot air from MBA managers.

  • (Score: 2) by butthurt on Monday June 05 2017, @12:54AM

    by butthurt (6141) on Monday June 05 2017, @12:54AM (#520484) Journal

    Three Mile Island is on an island in the Susquehanna River. Whether the grandparent poster meant that the site could be flooded or just meant that a serious accident could occur, I don't know. Flooding has happened in the area:

    Three Mile Island Nuclear Generating Station (TMI) is a nuclear power plant located on Three Mile Island in the Londonderry Township of Pennsylvania, on the Susquehanna River just south of Harrisburg, the state capital.

    -- https://en.wikipedia.org/wiki/Three_Mile_Island_Nuclear_Generating_Station [wikipedia.org]

    In 1972 the remnants of Hurricane Agnes stalled over the New York-Pennsylvania border, dropping as much as 20 inches (510 mm) of rain on the hilly lands. Much of that precipitation was received into the Susquehanna from its western tributaries, and the valley suffered disastrous flooding. Wilkes-Barre, Pennsylvania, was among the hardest-hit communities and the capital Harrisburg was flooded.

    -- https://en.wikipedia.org/wiki/Susquehanna_River [wikipedia.org]